219 S Water Street Wilmington, NC 28401

$1,199,000 Price History
3,489 Sq.Ft. On Site: 351 Days
1 Bed
3 Baths
Built: 2006
DOWNTOWN WILMINGTON with water views! 3 sparkling units. Generates over $7000 per month in gross rental income. Unlike anything else in downtown Wilmington! Formerly a warehouse, this conversion to mixed use on Water Street is as unique as it gets. This 3 story freestanding building is located in the Chandler's Wharf area. This building was originally part of the Hanover Iron Works complex. This building was newly constructed approx.12 years ago incorporating the antique brick walls of the old warehouse to maintain a vintage feeling. The exterior is brick & stucco accented with iron balconies & windows. This building was designed to allow for an easy condo conversion if desired and is fire sprinkled. All 3 units have separate electric & water meters. Upscale features include high ceilings, exposed metal duct work, ceramic tile & wood floors. Includes 3 deeded parking spaces and is located next door to a public parking area as well. Sweeping views of the Cape Fear River, both bridges, the Battleship & the Wilmington Historic District await you. This will be your favorite spot for fireworks for years to come. This building offers an easy conversion for many uses or enjoy it as it is. The first floor is ideal for a bar, small restaurant, gallery, retail or office space. The 2nd floor has a one bedroom unit and also has a gym. The penthouse on the top floor is probably one of the nicest downtown apartments you will see. Truly an impressive space to live and entertain. This space has been the home for many celebrities while visiting Wilmington. Beautiful condition in a superb location. High and dry during Hurricane Florence with no flooding on Water Street in this area!
Property Type:Condominium
MLS #:100114770
Year Built:2006
Sq. Feet:3489
On Site:351 Days
Lot Size:0.03 Acres

Detailed Maps

Price Change History

Date Old Price New Price Percent Change

Community Information

Address:219 S Water Street Wilmington, NC 28401
Zip Code:28401

School Information

High School:New Hanover
Middle School:Williston
Elementary School:Snipes


Bedrooms: 1
Bathrooms: 2 Full / 1 Half
Year Built:2006
Construction Type: Stick Built
Construction: Brick/Stone, Steel Frame
Roof: Membrane
Foundation: Slab
Parking: On Site, Paved

Features / Amenities

Total Sq. Ft.:3489
Interior Features: 9Ft+ Ceilings, Foyer
Laundry Location: Closet
Dining Room Type: Combination
Exterior Finish: Brick, Stucco
Porch/Balcony: Balcony
Heating System: Electric, Forced Air
Heated SqFt: 3000 - 3499
Cooling System: Central
Total Rooms:14

Property Features

Lot Size: 0.03 Acres / 1250 Sq. Ft.
Lot Dimensions:54 x 23 x 53 x 25
Water Features: River View
HOA Amenities: No Amenities
Water / Sewer: Municipal Sewer, Municipal Water
Road Type: Paved, Public (City/Cty/St)
Fencing: Chain Link, Partial
Directions:Market Street Downtown, left on Water Street, in the 200 block, building on left.

Tax and Financial Info

Tax Assessed Value: $370, 800
Tax Year: 2017
Terms: Cash, Conventional

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Listing Information Last Updated 4/22/2019
Listing provided courtesy of Port City Properties, Inc.